Here is why IOTA is not pumping even with a large amount staked

Firstly bitcoin’s still has the major. influence over IOTA’s price due to bots and algorithms but we all now that.

That aside, during major dumps and down periods the majority of retail investors (for all the crypto-currencies) leave in their droves. Retail is the first to sell and that leaves institutions and a small cohort of retail Hodlers. This means low volume.

Look at Google searches they are down on Crypto. “Normies” have forgot about crypto and have gone back to their daily life. They will be back but likely not until a certain event occurs (see below).

Retail investors won’t return in massive droves and cause a big pump until BTC hits a new ATH again. That’s just the way it works. So don’t expect IOTA to make any huge pumps until a new BTC ATH.

Any price rises at the moment are mainly money moving between assets classes and cryptocurrencies.

In short, supply has decreased but also has demand as the majority of retail investments have left or are not pumping any new money in to the crypto space due to the market cooling off. You will note the crypto space as a whole and not just IOTA is not really growing and any small 10-20% pumps are just people already in the space repositioning their coins.